GCLAC

Gone concern loss absorbing capacity.

Usage is (early 2014) still developing in this field of bank recovery and resolution and the acronym is sometimes just GLAC that might be seen as "Gone-concern Loss Absorbing Capacity".

GLAC focuses on the loss absorbing capacity of bail-in-able debt to replenish equity.

See also

• Capital adequacy

• PLAC

• SLAC

• Gone concern